ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Last week, Zillow (Z) published an infographic on its blog site purportedly describing the impact of the Facebook (FB) IPO on home listings in the local neighborhood of its Menlo Park headquarters (see “Millionaire’s Row: How Did Facebook’s IPO Affect Silicon Valley Real Estate?“). The summary caught my attention: “To illustrate the Valley’s real estate … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 24.2% VIX Status: 23.6 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 8, 2012. Click here to read the entire piece.) Facebook (FB) has fallen far. Already beset by privacy concerns, now Facebook has cost a lot of people, a lot of money. So, it is understandable that it has become quite … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 29.5% VIX Status: 21.2 … Read more
On Friday, Apple (AAPL) closed at its highs for the day and highs for the week. This has not happened since April 5th (holiday-shortened week) with AAPL a day away from its last all-time closing high. For about the next six weeks Apple sold off almost every day with one important post-earnings pop that delivered … Read more